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3690 Stock Chart & Stats
HK$77.50
HK$1.40(1.57%)
At close: 4:00 PM EDT
HK$77.50
HK$1.40(1.57%)
Day’s Range― - ―
52-Week RangeHK$63.65 - HK$109.70
Previous CloseN/A
Volume35.07M
Average Volume (3M)45.89M
Market Cap
HK$486.34B
Enterprise ValueHK$313.77K
Total Cash (Recent Filing)HK$199.57B
Total Debt (Recent Filing)HK$112.43B
Price to Earnings (P/E)―
Beta1.55
Next Earnings
Nov 27, 2026EPS Estimate
0.36Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.58
Shares Outstanding5,596,322,800
10 Day Avg. Volume48,176,035
30 Day Avg. Volume45,885,206
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)3.66
Price to Sales (P/S)1.51
P/FCF Ratio-20.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$116.05Price Target Upside49.74% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)0.05
Revenue Forecast (FY)HK$413.76B
Bulls Say, Bears Say
Bulls Say
Revenue Growth And Return To ProfitabilityRenewed revenue growth alongside positive adjusted earnings indicates that Meituan can convert platform scale into profits. If sustained, this supports stronger internal funding capacity and improves confidence in the long-term economics of its core marketplace.
Core Commerce Scale And Improving Unit EconomicsThe core segment combines broad local-service demand with a large fulfillment network, while positive delivery economics suggest operating leverage. Greater order density and marketing efficiency can reinforce Meituan’s competitive position and support more durable margins.
Liquidity Supports Strategic InvestmentA substantial liquidity base gives Meituan flexibility to invest through competitive cycles without relying solely on external financing. It can fund AI, grocery and overseas initiatives while preserving the option to allocate capital through buybacks or portfolio monetization.
Bears Say
Cash Generation Has DeterioratedNegative operating and free cash flow weakens the quality of reported earnings and increases dependence on cash reserves or financing. Unless cash conversion improves, continued investment and shareholder returns may compete for the same liquidity over the next several quarters.
Latest TTM Losses And Rising LeverageThe reversal from prior profitability to substantial TTM losses reduces confidence in earnings durability. Rising leverage adds financial risk while negative ROE indicates that incremental capital is not currently producing adequate returns, constraining strategic flexibility.
Competition And New Initiatives Pressure MarginsPersistent subsidy competition can raise customer-acquisition and fulfillment costs, while grocery and other new initiatives remain loss-making during expansion. These structural pressures may delay consolidated margin recovery and make returns on growth investment less predictable.
Meituan News
3690 FAQ
What was Meituan’s price range in the past 12 months?
Meituan lowest stock price was HK$63.65 and its highest was HK$109.70 in the past 12 months.
What is Meituan’s market cap?
Meituan’s market cap is HK$486.34B.
When is Meituan’s upcoming earnings report date?
Meituan’s upcoming earnings report date is Nov 27, 2026 which is in 84 days.
How were Meituan’s earnings last quarter?
Meituan released its earnings results on Aug 28, 2026. The company reported HK$0.481 earnings per share for the quarter, beating the consensus estimate of HK$0.063 by HK$0.418.
Is Meituan overvalued?
According to Wall Street analysts Meituan’s price is currently Undervalued.
Does Meituan pay dividends?
Meituan does not currently pay dividends.
What is Meituan’s EPS estimate?
Meituan’s EPS estimate is 0.36.
How many shares outstanding does Meituan have?
Meituan has 5,596,322,800 shares outstanding.
What happened to Meituan’s price movement after its last earnings report?
Meituan reported an EPS of HK$0.481 in its last earnings report, beating expectations of HK$0.063. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Meituan?
Currently, no hedge funds are holding shares in HK:3690
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Meituan Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
HK$116.05 (49.74% Upside)
HK$116.05 (49.74% Upside)
Blogger Sentiment
Bullish
HK:3690 Sentiment 75%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.38%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
22.21%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Meituan
Meituan manages a comprehensive online platform that facilitates a diverse range of services. Its operations are organized into three principal segments: Food Delivery; In-store, Hotel & Travel; and New Initiatives and Others. The Food Delivery division enables customers to conveniently order prepared meals from numerous vendors. Meanwhile, the In-store, Hotel & Travel segment allows patrons to acquire local consumer services from various in-store businesses or to book reservations for hotels and tourist attractions. The New Initiatives and Others division covers sales from its B2B food distribution and Meituan grocery services, alongside an assortment of other ventures such as Meituan Instashopping, community e-commerce, shared bicycles and electric mopeds, and micro-lending facilities. Established in 2003, Meituan is headquartered in Beijing, China. The company rebranded to its current name, Meituan, in October 2020, having previously operated as Meituan Dianping.
3690 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized clear operational and financial progress: revenue rose 14.4% to RMB 104.6 billion, unit economics turned positive, segments improved to profitability (core commerce) and new initiatives showed revenue growth with narrowing losses. Strong cash and investment positions, rapid grocery and overseas expansion, and significant AI progress were highlighted. Near-term challenges include elevated industry subsidies, Q3 seasonality and cost headwinds (including nationwide courier insurance rollout), continued scale losses in some new initiatives, and intense competition in certain markets. Overall, the positives—accelerating revenue, return to profitability, improved margins and strong strategic investments—outweigh the highlighted near-term pressures.View all HK:3690 earnings summaries3690 Stock 12 Month Forecast
Average Price Target
HK$116.05
▲(49.74% Upside)
Technical Analysis
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